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Banking Awareness Exam - Past Questions
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Banking Awareness Exam - Past Questions
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25 Questions

1. Which of the following agencies/ organisations hasdecided to make major changes for ULIPs?
2. As we all know - the cooperative banks in India arepassing through a difficult phase and their performanceis NOT as glamorous as that of the commercial bankstoday. What went wrong with cooperative banks?(1) The cooperative banks disbursed credit on the loanson demand mostly without proper guarantees anddocuments. Hence repayments were always at the mercyof the borrowers and up to some extent on good crops.(2) The cooperative banks are mostly under thesupervisory control of the Panchayats - which are notprofessionally qualified to control such institutions.(3) Cooperative Banks do not get any relief package fromthe Govt. Hence they have to manage their affairs ontheir own resources only.
3. Banks these days have launched a new scheme productknown as "Reverse Mortgage". The scheme is designedkeeping which of the following groups of society inconsideration?
4. What do you understand by 'Para Banking' services?
5. On the recommendations of which of the followingcommittees Regional Rural Banks (RRB) wereestablished?
6. Which of the following key rate has not been altered byRBI since 2003?
7. Which of the following is considered an informal method of getting credit/finance?
8. The interest rate at which the RBI lends to commercialbanks in the short term to maintain liquidity is known as
9. To control inflation the central bank should -”
10. Which of the following training establishment is not runby Reserve Bank of India?
11. RBI has recently deregulated the rates of interest to beprovided by various banks to theirdepositors/customers with effect from 25th October - ontheir accounts.
12. Out of total priority sector advances of RRBs - atleast ......should be advanced to weaker sections.
13. The first Governor of the Reserve Bank of India from 1stApril - 1935 to 30th June - 1937 was
14. Banks need liquidity to meet which of the followingobjectives of banking?(1) To meet deposit withdrawal(2) To fund loan demands(3) To maintain public confidence
15. Which of the following is not the part of the scheduledbanking structure in India?
16. As per the new guidelines issued by SEBI - companies arerequired to list shares within how many days of theclosure of the Initial Public Offers (IPOs)?
17. Which of the following is not an objective of financialsector reform in India?
18. Banks borrow money from the RBI on which of thefollowing rates?
19. When RBI acts as a baker to the government - what doesit do?
20. Open market operations - one of the measures taken byRBI in order to control credit expansion in the economy - means
21. Which of the following Acts was framed specially to dealmore effectively with the problem of Non-PerformingAssets in banking system?
22. The word -˜Bank-™ is derived from
23. Which of the following statements is correct aboutsoiled/mutilated note?
24. Banking Ombudsman Scheme is applicable to thebusiness of
25. The term -˜Ways and Means-™ advances refers to